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Lets imagine that you are looking to invest $10 million for 25% stake in a printing business. You estimate that after 4 years, the company

Lets imagine that you are looking to invest $10 million for 25% stake in a printing business. You estimate that after 4 years, the company will have EBITDA equal to $10 million. You also estimate that the EBITDA multiples are likely to be equal to 7, 8, and 9 times. What are the expected rates of return (IRR) given these specific EBITDA multiples

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